New bill would advance technologies to reduce CO2 emissions

Senators Lisa Murkowski, R-AK, and Joe Manchin, D-WV, released the American Energy Innovation Act (AEIA), a bill promoting new technologies to reduce carbon emissions.

If passed, the bill would help develop and commercialize the most promising innovations for efficiently reducing emissions on a global scale. These technologies include advance nuclear power, energy storage, and carbon sequestration and utilization.

“The Senate has an opportunity to pass the most significant climate and energy legislation in well over a decade,” said Marty Durbin, president of the U.S. Chamber of Commerce’s Global Energy Institute. “Solutions to climate change will require new technology and America has the opportunity to develop, demonstrate, and deploy the technologies that will stimulate progress around the globe.”